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Sep. 20, 2017 at 4:17 pm CDT

By Commodity News Service Canada Sept. 20 – The Canadian dollar took a sharp drop compared to the U.S. currency, giving up gains it made earlier in the day following an announcement by the U.S. central bank that it would likely boost American prime interest rates. As the U.S. dollar […]

Sep. 20, 2017 at 8:54 am CDT

By Commodity News Service Canada Sept. 20 (CNS Canada) – The Canadian dollar was up 0.09 of a cent U.S. this morning at US$0.8154 or C$1.2264 per US$1. It closed yesterday at US$0.8145 or C$1.2277. The federal government reports a budget deficit of C$17.8 billion for the 2016-17 fiscal year. […]

Sep. 19, 2017 at 3:44 pm CDT

By Commodity News Service Canada WINNIPEG, Sept. 19 – A lackluster domestic manufacturing report dragged on the Canadian dollar but a stronger oil outlook and a falling American greenback offset losses. Canadian manufacturing sales fell 2.6 per cent in July, the steepest decline in more than a year. Oil prices, […]

Sep. 19, 2017 at 9:20 am CDT

By Commodity News Service Canada WINNIPEG, Sept. 19 (CNS Canada) The Canadian dollar was slightly weaker Tuesday morning, as the currency reacted to the latest manufacturing data. At 9:17 CDT Tuesday morning the Canadian dollar was at US$0.8141 or C$1.2200 which compares with Monday’s North American close of US$0.8171 or […]

Sep. 18, 2017 at 4:10 pm CDT

By Commodity News Service Canada WINNIPEG, September 18 – The Canadian dollar lost ground against its US counterpart on Monday, after written comments by Bank of Canada governor Timothy Lane were made public. Lane says the strong Canadian dollar “battered” export industries in the past decade. He adds the central […]